Tag Archives: American Recovery and Reinvestment Act of 2009

June 13, 2011Comments Off on AP data show states’ budget challenges differ

The country is pulling out of the Great Recession, but an Associated Press review of 50 balance sheets shows state budgets ravaged by declining tax revenue and bank accounts far leaner than they were when the downturn took hold. Many ...

December 20, 2010Comments Off on New guvs take office amid historic budget crisis

Twenty-six new governors will take office amid the worst budget climate for states in a generation. Many of them are promising not to raise taxes, even though states face a cumulative budget shortfall of $140 billion next year. State lawmakers ...

Heading into 2011, Long Island banks are opening their wallets to qualified borrowers, but they’re not getting too many takers. Weak consumer demand and uncertainty is causing companies to tighten their belts and delay expansion, leaving banks grappling with low ...

October 19, 2010Comments Off on E-medical record firm gets federal approval

The DocPatient Network reached a major milestone a few weeks ago when its latest electronic medical record passed tests, allowing customers to apply for thousands of dollars in federal reimbursements. The Garden City-based firm’s Doctations, Version 2.0 electronic system became ...

July 14, 2010Comments Off on White House claims more jobs from stimulus

A new White House report says last year’s $862 billion stimulus law has now “saved or created” between 2.5 million and 3.6 million jobs. That’s up from 2.2 million to 2.8 million in the last quarterly report from the White ...

For nine years, John Rose has been waiting to build a new home for his car audio installation business. He’s been through the Town of Brookhaven’s moss-like zoning, planning and approval process, and just last month, finally poured the foundation ...

Whitestone-based Matsos Contracting will get $4.7 million in economic-recovery funds from the state Department of Transportation to paint 10 bridges in Suffolk County. The money to paint the bridges is part of the $154 million from the federal American Recovery ...